By: Randall A. Denha, J.D., LL.M. Toward the end of 2012, many families with wealth tied to a family business were faced with a choice: 1) avail themselves of the expiring $5.12 million estate and gift tax exemption by gifting interests in their family businesses; or 2) maintain the status quo and risk losing the…
DetailsWithin the past 30 days, the cost of WTI crude oil increased 15% to top $108 per barrel. Every time gasoline prices increase more than a few pennies in a week, drivers start wondering what’s going on. Last week, the cost of gasoline jumped 12 cents, and some analysts say this will continue, KETK-TV reports.…
DetailsIt’s hot and humid, and summer temperatures are climbing. Unless you’re in an air-conditioned environment, you’re most likely sweating and uncomfortable. You’re probably tiring more easily, and you may be working and moving more slowly, too. What you really need to be concerned about is the heightened risk of heat-related illnesses. According to the Bureau…
DetailsThe average American consumes around 132 pounds of sugar a year. Probably because it’s hidden in so many processed foods like ketchup, salad dressings, sports drinks and breakfast cereal, not just cookies, candy and pop. Excess sugar has been linked to all kinds of ailments, including obesity, hypertension, high blood pressure, depression, migraines, diabetes and…
DetailsMIRA advises gasoline retail members to check for credit card skimming devices. These devices have been place in gas dispensers located on outside lanes or dispensers on the outside rows probably to avoid detection. These devices have been attached to credit card readers within the internal housing of Gilbarco NN1 Encore Pumps. It is believed that these…
DetailsBy: Randall A. Denha, J.D., LL.M.* Portability means the ability to transfer the federal estate tax exemption from the estate of the first spouse to die to the estate of the second spouse to die. This provision was going to expire this year but did not, so it is still in fact and there is…
DetailsBy: Randall A. Denha, J.D., LL.M.* Many banks encourage the use of payable on death (“POD”) accounts, in part because such accounts do not have to go through the estate administration process. If someone in a bank asks who should receive a bank account at your death, that bank account is more likely than not…
DetailsWell first of all, everyone already has an estate plan. How so?Because if you die without a will, the law predetermines what happens to your unassigned assets (“intestacy laws”). In other words, in all states plus Washington, D.C., if you don’t create an estate plan, the government automatically has one in place for you upon…
DetailsIs the cents-per-gallon metric costing the c-store channel millions of dollars in fuel profits? Picture that 20-ounce bottled soda in your store cooler. So enticing on a hot day. The sweat of condensation dripping as you pull it off the shelf. Now consider how you determine its value to your business. You price out the…
DetailsThe center aisles have long been where supermarkets showcased their sales, but now the perimeters are getting their due, the New York Times reports. “You can pretty much be in Anywhere, U.S.A., in center store, but the perimeter is the fashion side of the grocery business,” said Sharon A. Lessard, chief designer at Supervalu, which…
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